Future Assumptions

[Arthur Banks]

I'm using the BP Buy 'n Hold calculator and I'm not sure how to calculate/get/guess how much for the following:

(I'm waiting call back from lender to help with closing costs but figured I'd post here in the mean time).

Purchase closing costs

Income Increase

Property Value Increase

Expenses Increase

Can someone help with some advice?

Thanks.

[Brandon Turner]

Hey @Arthur Banks - Although this obviously depends on a lot of factors, here's what I use:

Purchase closing costs: $5000

Income Increase: 2%

Property Value Increase 2%

Expenses Increase 2%

- However, you may want to run those last 3 even more conservatively, maybe at 1% or 0% - just to be safe. I never like to "Assume" appreciation. It has to make sense right now, with is why I might put 0%.

Hope that helps!